CWH Options History — April 2024

In April 2024, CWH traded between $20.30 and $27.99. ATM implied volatility averaged 55.6%, placing in the 61.0% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded above realized volatility by 7.5% (HV 20d: 48.1%). Max pain ranged from $22.00 to $27.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.31.

Notable Days

  • 2024-04-19: Highest Volume — 4,165 contracts
  • 2024-04-10: Largest IV spike — 28.6% change
  • 2024-04-29: Highest IV Rank — 100.0%
  • 2024-04-30: Largest Expected Move — 22.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.60$20.30$27.99$27.99$20.30
Max Pain$24.09$22.00$27.00$27.00$22.00
ATM IV55.6%38.2%78.1%38.2%78.1%
Expected Move16.5%11.0%22.4%11.0%22.4%
HV 20d48.1%42.1%54.2%42.1%50.9%
HV 60d41.1%37.7%44.6%37.7%44.6%
IV Rank61.0%9.3%100.0%9.3%100.0%
IV Percentile75.1%11.5%100.0%11.5%100.0%
Term Structure-6.5%-21.2%12.4%10.1%-21.2%
VWIV58.0%38.8%78.0%39.1%78.0%
Skew 25d3.3%1.2%5.3%3.1%4.0%
Skew 10d5.3%3.1%9.7%5.6%5.0%
Call IV 25d56.4%36.7%76.2%36.7%76.2%
Put IV 25d59.6%39.5%80.2%39.8%80.2%
Bid-Ask Spread %49.1625.8060.2835.4859.59
Gamma HHI0.140.080.190.180.10
Net GEX128.0K-81.6K562.8K562.8K-24.9K
Net DEX-2.4M-20.5M6.4M-20.5M6.4M
Net VEX-100.8K-118.7K-83.7K-118.7K-91.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.310.035.441.420.48
Total Volume1,355.8642484,1653241,371
Total OI32,491.40930,13836,16630,63836,166

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$27.99$27.0038.2%11.0%42.1%9.3%39.1%3.1%10.1%562.8K-20.5M-118.7K1.4235.48N/AN/A13419018,68011,958
2024-04-02$26.55$27.0038.4%11.0%46.0%9.8%38.8%2.6%12.4%382.1K-12.0M-114.2K0.5936.35N/AN/A54832118,75712,022
2024-04-03$27.02$27.0039.8%11.4%42.7%14.1%39.5%2.4%11.4%447.1K-14.7M-116.5K0.7925.80N/AN/A22918218,97212,212
2024-04-04$25.99$24.0041.6%15.1%44.0%19.8%53.8%1.6%-4.9%310.2K-9.1M-113.1K1.3338.96N/AN/A29839619,06612,300
2024-04-05$25.70$24.0042.3%15.3%43.4%22.0%53.8%1.9%-5.0%258.7K-7.4M-110.9K0.5640.13N/AN/A24313519,14812,502
2024-04-08$25.80$24.0043.0%15.5%42.7%24.1%53.9%2.2%-4.9%263.9K-7.6M-108.5K0.0741.88N/AN/A8746019,24312,564
2024-04-09$25.90$24.0043.6%15.7%42.3%26.1%54.5%3.5%-5.5%362.7K-8.5M-109.6K0.4343.15N/AN/A1747419,92712,601
2024-04-10$23.66$24.0056.1%16.1%52.5%64.8%56.0%2.9%-6.3%52.7K1.6M-96.2K0.7546.64N/AN/A78558920,03612,638
2024-04-11$23.74$24.0056.4%16.2%52.6%65.7%57.4%3.1%-7.5%56.1K1.1M-96.4K0.9745.39N/AN/A38036920,16212,674
2024-04-12$23.39$24.0057.2%16.4%46.6%68.2%56.7%4.2%-6.6%38.2K-1.1M-94.8K1.3649.52N/AN/A14720020,23211,302
2024-04-15$22.87$24.0058.1%16.7%46.5%71.0%59.0%3.4%-6.3%-80801.6K-89.8K5.4447.77N/AN/A2911,58320,23811,416
2024-04-16$22.39$24.0059.2%17.0%46.7%74.3%60.4%4.6%-7.5%-48.7K2.8M-89.2K2.8754.92N/AN/A3761,08020,31012,302
2024-04-17$21.46$24.0062.2%17.8%48.4%83.7%61.2%4.8%-9.8%-81.6K5.0M-83.7K3.4556.11N/AN/A6622,28120,33112,441
2024-04-18$22.07$24.0061.5%17.6%49.5%81.5%62.0%3.1%-9.5%-80.6K2.3M-88.5K0.5953.96N/AN/A1,46886220,37812,199
2024-04-19$22.26$24.0061.7%17.7%49.6%82.0%62.0%3.8%-9.3%3.9K1.0M-90.7K0.7656.17N/AN/A2,3671,79821,59512,280
2024-04-22$22.98$24.0061.5%17.6%51.5%81.5%59.7%4.2%-10.2%39.8K-555.7K-103.6K0.0354.50N/AN/A2,8648616,86513,273
2024-04-23$22.93$23.0061.8%17.7%51.3%82.3%61.1%4.0%-11.5%154.7K-2.3M-107.7K0.8158.83N/AN/A54444019,45313,301
2024-04-24$22.75$23.0058.8%16.9%49.9%73.2%59.5%1.2%-9.1%132.5K-1.7M-107.6K1.3559.46N/AN/A25334219,63313,383
2024-04-25$21.04$23.0065.0%18.6%54.2%92.3%66.4%5.3%-12.6%-10.3K4.7M-93.6K3.4857.62N/AN/A4901,70419,75413,533
2024-04-26$21.34$23.0066.2%19.0%52.4%96.1%69.2%3.2%-12.6%9.4K3.5M-99.1K1.0660.28N/AN/A39842219,85014,392
2024-04-29$21.14$23.0072.1%20.7%51.9%100.0%73.4%2.6%-17.3%-11.4K4.3M-94.7K0.3659.00N/AN/A1,34047919,98714,735
2024-04-30$20.30$22.0078.1%22.4%50.9%100.0%78.0%4.0%-21.2%-24.9K6.4M-91.2K0.4859.59N/AN/A92744421,03015,136